627 Lakelands Avenue
Alcona, Innisfil
$1,875,000
Beautifully renovated waterfront home offering 50 feet of frontage on Lake Simcoe. Designed with a modern aesthetic, this property features an open-concept layout, expansive windows with stunning lake views, a chef-inspired kitchen, spa-like bathrooms, a sauna, wide-plank hardwood flooring, premium fixtures and hardware.The lower level includes a self-contained studio suite with a separate entrance and shared laundry. Outside, enjoy a large boathouse, movable dock, and private concrete dock/beach area w/ hot tub providing exceptional access to the water. Located within walking distance to Innisfil Beach Park and just minutes from shopping, dining, and everyday amenities.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $7,899 |
| Lot Size | 50 ft x 157.57 ft |
| mls© Number | N13495388 |
| Listed By | HOMELIFE SUPERSTARS REAL ESTATE LIMITED |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,597
- Property tax
- $658
- Heat allowance
- $150
- Housing costs
- $10,405 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$320,000
gross annual household income
- Payment at 4%
- $7,890 / mo
- Cash down
- $375,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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